I am a compound bow hunter and I have a bow with all the advantages (trigger release, fiber optic sights, whisker biscuit etc). Over the course of the summer I have attained reasonably good proficiency with it that I would take a 30 yd broadside shot in the tree stand with a high degree of confidence of making a kill shot. A few weeks ago I went out practicing with the neighbor who hunts with a higher end Matrix X bow with optics. We used my 3D foam deer and practiced from our tree stand at different yardages, 30 yd being the maximum we both felt comfortable hunting with.
Although I am a reasonably good shot with my compound, I shot much better at all ranges with his X bow and it was only the second time I'd ever fired it. For me his X bow hits harder (arrow penetrates further) and was more consistently accurate than my compound (63 lb draw weight). That being said his max range would be the same as mine. Also, it is definitely louder on the release and slower to reload.
What am I trying to say here is that while my neighbor gains on one end - accuracy and penetration he loses on sound signature and reload speed.
While I have no desire to rush out and buy a X bow since I shoot 3D competitively with mine, I can see that if Joe Average Hunter is thinking of taking up hunting with a bow and has limited time to practice which seems to be the bulk of the hunting population than he will get proficient a lot quicker with the X bow than with the Compound. Shooting it builds confidence quickly.
If this translates into more people taking up hunting, than how can this be a bad thing. To me it fills that niche between a bow and a rifle (without the legalities of the rifle). This same hunter is also probably less lightly to wound animals in the process.
It takes a lot of practice to get good with a Compound - not so much with a X bow.